Overview
US stock futures steadied on Friday following a selloff in the previous session, triggered by Walmart’s disappointing outlook, which raised concerns about economic growth.
On Thursday, the Dow dropped 1.01%, while the S&P 500 and Nasdaq Composite lost 0.43% and 0.47%, respectively.
Walmart’s stock plunged 6.5%, weighing on other major retailers like Target (-2%) and Costco (-2.6%).
Investor sentiment further soured as Palantir fell 5.2% after reports of potential Pentagon budget cuts and a new stock sale plan by its CEO. On a brighter note, Celsius Holdings surged 34% in after-hours trading, driven by stronger-than-expected earnings and revenue for the fourth quarter.
Looking ahead, investors are focusing on the latest PMI readings and existing home sales data on Friday for more insight into the state of the economy.
Portfolio News
Active Trading Portfolio: Our EUR.GBP is performing well and we hope to exit this trad today at a profit. Check Out our Active Trading Portfolio.
Option Trading Portfolio: Our SPY Short Put options expire today. We made a profit of $339 per contract on this trade. Check Out our Option Trading portfolio.
Buy and Hold Portfolio: We are considering adding 5 more stocks to the portfolio in the coming days. We will alert our Pro and Premium members when we decide to make a purchase. Entain is out standout so far up 19% since we bought it last month. Check out out Buy and Hold Portfolio.
Index & Sector Performance
US Index Performance | EU Index Performance |
 |  |
US Sector Performance | Mag 7 Performance |
 | 
|
Top 5 Winners | Top 5 Losers |
 |  |
FX, Bonds, Crypto & Commodities
Commodities | Crypto |
 |  |
Earnings Announcements Today
Economic Announcements Today
More info
Call: +35318356408
Schedule a Meeting:
Happy Investing
Share Navigator Support
Invest with Confidence